High and Low Season #poconosrealestate #shorttermrental
Summary
AI-generatedThis video discusses managing seasonal booking patterns in short-term rentals, particularly in the Poconos. It highlights how property size impacts seasonality and advises hosts to track booking pacing to adjust pricing strategies for high, low, and shoulder seasons.
Key insights
In the Poconos, summer bookings for large group properties can fill up significantly in advance, with one property already being 80% booked for the next summer just before the current summer begins.
Mistakes to avoid
Failing to track booking pacing across different seasons can lead to mispriced inventory, potentially missing out on revenue during peak times or deterring bookings during slower periods.
Tools & resources
ST Manager podcastpodcast
Access resources on short-term rental management through The Short Term Shop's dedicated podcast.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial